Braemar Shipping Services : Director / PDMR Shareholding
January 30, 2020 at 04:10 am EST
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BRAEMAR SHIPPING SERVICES PLC
('Braemar', the 'Company' or the 'Group')
30 January 2020
Director / PDMR Shareholding
Braemar Shipping Services plc (LSE: BMS), a leading international provider of shipbroking, financial advisory, logistics and engineering services principally to the shipping and energy industries, announces that it has received notification of the acquisition of a total of 9,000 ordinary shares of 10 pence each in the Company ('Shares') by Ronald Series, Executive Chairman of the Company, with 5,000 Shares purchased at 213.99 pence each and 4,000 Shares at 209 pence each.
Following the transaction, Mr. Series' total holding of Shares (including those of persons closely associated with him) is 9,000 representing approximately 0.03% of the Company's issued ordinary share capital.
The notification set out below is provided in accordance with the requirements of the EU Market Abuse Regulation.
For further information, contact:
Braemar Shipping Services
Ronald Series, Executive Chairman
Tel +44 (0) 20 3142 4100
Nick Stone, Finance Director
Peter Mason, Company Secretary
finnCap
Matt Goode/ James Thompson/ Kate Washington
Tel +44 (0) 20 7220 0500
Buchanan
Charles Ryland / Victoria Hayns / Stephanie Watson / Matilda Abraham
Tel +44 (0) 20 7466 5000
Notes to Editors:
About Braemar Shipping Services plc
Braemar Shipping Services plc is a leading international provider of shipbroking, financial advisory, logistics and engineering services principally to the shipping and energy industries. Founded in 1972, Braemar employs approximately 530 people in 30 locations worldwide across its Shipbroking, Financial, Logistics and Engineering divisions.
Braemar joined the Official List of the London Stock Exchange in November 1997 and trades under the symbol BMS.
For more information, including our investor presentation, visitwww.braemar.com
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Ronald Series
2
Reason for the notification
a)
Position/status
Executive Chairman
b)
Initial notification /Amendment
Initial
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Braemar Shipping Services plc
b)
LEI
213800EV6IKTTHJ83C19
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Identification code
Ordinary shares of 10p each
GB0000600931
b)
Nature of the transaction
Acquisition of ordinary shares of 10p each
c)
Price(s) and volume(s)
Price(s)
Volume(s)
213.99p
5,000 shares
d)
Aggregated information
- Aggregated volume
- Price
5,000 ordinary shares of 10p each
£10,699.50
e)
Date of the transaction
28 January 2020
f)
Place of the transaction
London Stock Exchange, Main Market
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Identification code
Ordinary shares of 10p each
GB0000600931
b)
Nature of the transaction
Acquisition of ordinary shares of 10p each
c)
Price(s) and volume(s)
Price(s)
Volume(s)
209p
4,000 shares
d)
Aggregated information
- Aggregated volume
- Price
4,000 ordinary shares of 10p each
£8,360.00
e)
Date of the transaction
29 January 2020
f)
Place of the transaction
London Stock Exchange, Main Market
Attachments
Original document
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Disclaimer
Braemar Shipping Services plc published this content on 30 January 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 January 2020 09:09:07 UTC
Braemar PLC is an international shipbroker. The Company provides expert advice in investment, chartering, and risk management to enable its clients to secure sustainable returns and mitigate risk in the volatile world of shipping and energy. The Companyâs operations are diversified across tankers, dry cargo, sale and purchase, renewables, financial and offshore. The Company operates through three segments: Investment advisory, Chartering, and Risk advisory. The Investment advisory segment provides investment consultancy, new build advisory, sales and purchase brokerage, asset valuation, recycling/end of life, and capital raising and corporate finance. Its Chartering segment includes cost-saving solutions, creating and protecting deals, cross-desk collaboration, first-mover initiatives, and freight consultancy. The Risk advisory segment includes derivatives brokerage, asset utilization, loan restructuring, loan portfolio management, and carbon offsetting brokerage.